You may not have heard of the Berkshire Hathaway company, but you've probably heard of its owner. Warren Buffet, the CEO of Berkshire Hathaway, is the world's second-richest man and one of the most famous philanthropists of our time.
Warren Buffet didn't start out among the richest people in the world. And Berkshire Hathaway didn't start as an insurance company. Originally it was two separate companies, both working in textiles. The companies merged in 1950, and Buffet began buying it out in 1962. By 1967, under Buffet's leadership, Berkshire Hathaway began to focus on insurance.
Berkshire Hathaway's insurance group specializes in life insurance and annuities — retirement investments that return payments over time. Berkshire Hathaway also offers specialty insurance for commercial property, construction, and workers’ compensation.
Berkshire Hathaway owns two other large insurance companies: GEICO and General Re. GEICO is one of the leading providers of auto insurance in the United States. General Re is a "reinsurance" company — it sells insurance to other insurance companies.
Insurance and annuity products from Berkshire Hathaway are available in these states:
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To learn more about insurance from Berkshire Hathaway, visit them online:
You can contact Berkshire Hathaway at:
Berkshire Hathaway, Inc.
1440 Kiewit Plaza
Omaha, NE 68131